Can crypto income be averaged out over more than one year?

Hamm
Hamm Member Posts: 2 Newcomer
edited December 2024 in Income

I expect to have significant realized gains from crypto in 2025. Can this income be averaged out over more than one year? It is mostly long-term capital gains.

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  • LynR
    LynR FreeTaxUSA Agent Posts: 11

    Hello!

    Thanks for joining us for the live event! Any gains realized from the sale of crypto currency during 2025 will be taxable in 2025. Unfortunately, you cannot postpone the gain to any later years.

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